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Technology Stocks : eBay - Superb Internet Business Model

EBAY 80.83

+1.0%

Nov 21 9:30 AM EST

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To: gizelle otero who wrote (2974)	4/28/1999 11:48:00 AM
From: Jing Qian	Read Replies (2) of 7772

gizelle, I fully understand your points. But what is the valuation standard? Is there an absolute one that we can lean upon? Not really, it's all up to one's perception of the future. If you think Internet is merely a technological improvement of some sort, yes, it may be overvalued. However, if the Internet thing is comparable to the Industrial revolution a hundred years ago, it may be extremely undervalued. It's all up to your personal perception. Merill's Henry Blodget said last night as follows. He is bull. Please read it and see why bulls think differently: quote.bloomberg.com

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